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Analysis please. 2 pics. On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances Accounts Debit Credit Cash $42.00
Analysis please. 2 pics.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances Accounts Debit Credit Cash $42.00 Accounts Receivable 44,500 Supplies 7,500 Equint 64.000 Accumulated Depreciation 5.000 Accounts Payable 14,6 Common Stock, 51 par value 10,000 Additional Paidin Capital 10.000 Retained bernings 45200 Totals $158.700 5150, 700 Dunng January 2021, the following transactions occur January 2 Issue an additional 2,000 shares of $1 par value Connon stock for $40,000 January 9 Provide services to customers on account, $14,300 January 10 Purchase additional supplies on account, 54,900 January 12 Purchase 1,000 shares of treasury stock for $2 per share January 15 Pay cash on accounts payable, 516,500 January 21 Provide services to customers for cash, 549.100. January 22 Receive cash on accounts receivable, 510,000 January 29 Declare a cash dividend of $8.30 per Share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks hod 10.000 shares outstanding on January 1, 2021, an dividends are not paid on treasury stock) January 30 Resell 600 shares of treasury stock for $20 per share January 31 Pay cash for salaries during January, 542,000. The following information is available on January 31, 2021 a Unpaid utilities for the month of January are $6.200 Supplies at the end of January total 55100 c Depreciation on the equipment for the month of January is calculated using the straightline method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,000 d. Accrued income taxes at the end of January are $2,000 Requement General Jumal eneral Ledger Trial balance Income Statement Balance Sheet Analysis Enter your return on Equity value to one decimal place and earnings por share value to 2 decimal places Anaye the Blowing for and Finale Fireworks Calculate the return on culty for the month of January at the average return on equity for the industry for January is 25% is the company more or less profitable than other companies in the same industry? in the common profile that comes | How many shares of common stock are outstanding as of January 31, 2017 The number of comman hosting as of January 31, 2015 i Calculate camins per share for the month of January Clint To calculate average shares of common stock outstanding take the beginning shares outstanding plus the ending shares outstanding and divide the total by 2) if earnings per share was $3.60 last year, an average of 30 30 per month), in earnings per share for January 2021 better or worse than last year's average? pershan foran 2001 boor worse than last years average? Step by Step Solution
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